Vanguard Advantage is their enhanced brokerage account (Cash Management Account) that allows easy transfers to and from Vanguard mutual funds, bill pay, direct deposits, check writing, ACH transfers (push/pulls to/from other institutions), etc. from their Federal Money Market fund which currently has an interest rate around 2.2%
I have been using the above features for many years, including having my credit card bills automatically withdraw (pull) balance payments from it, but Vanguard is ending Advantage in July.
Aside from the pain of going setting up my bills to be paid from some other account, most likely a checking account, I will miss the high interest rate. Is there a comparable product with a decent interest rate?